
Welspun Enterprises Limited (WEL)
Welspun Enterprises Limited (WEL) is a part of the US$ 2.7 billion Welspun Group. Operating primarily in the infrastructure space, WEL is focused on Hybrid Annuity Model (HAM) projects as a developer. From roads and highways to water, oil and gas, WEL is at the forefront of meeting the growing demand for infrastructure development in India. We currently have a portfolio of six HAM projects, covering over 200 kilometers and over Rs.70 Billion.
WEL currently holds a portfolio of six HAM projects for NHAI, covering over 200 kilometers.
WEL has also undertaken and executed several critical projects towards water treatment and recycling, with waste and effluent treatment facilities.
WEL has entered into a joint venture with the Adani Group to form Adani Welspun Exploration Limited – committed to securing our growing nation’s energy needs.
The first phase of the 14-Lane Delhi-Meerut Expressway was slated to be completed in 30 months. We finished it in 19.
The first expressway of its kind in the country, it sets a number of precedents and benchmarks for India. It is the first green expressway in the country and boasts vertical gardens with solar power generation and drip irrigation.
It does away with 31 traffic signals on the route, taking one of the region’s busiest
highways and making it seamless and super-efficient.
It is equipped with smart and intelligent highway traffic management system (HTMS) and video incident detection system (VIDS) and will set a new benchmark in highway construction by being environment-friendly with world-class safety features and smart, interactive infrastructure. All this will eventually lead to a reduced travel times which means more family time and pleasant travel experience
Our strategy for the future is built on three pillars:
WEL is currently focused on HAM projects and employ an asset-light model in running the business.
WEL is one of the few players in the sector with a significant cash balance and negligible debt. This allows us to achieve quick financial closure and arrange debt for projects at competitive rates.
We focus primarily on differentiated projects, approving a bid only if it meets our stringent returns criteria. We choose only the most reliable contractors who share part of the risk, and take sufficient insurance coverage to address further risks.
Our operational model is centred on outsourcing the actual construction and focussing on the high value-addition – engineering and project management. This ensures quality, safety and timely delivery.
A strong balance sheet allows us to price very competitively, while our asset-light approach gives us the flexibility to deliver quality, safety and timely completion of projects in any part of the country.